Bakken Shale

Magellan Prepping Williston Basin EOR Pilot Program

 Magellan Petroleum Corp. recently received permits from the U.S. Bureau of Land Management (BLM) to drill five wells on its leases at Poplar Dome in Roosevelt County, MT. The permits were the final requirement before the company can begin drilling for its CO2-enhanced oil recovery (EOR) pilot program. Read More

Rail Will Have Long-Term Role in Oil, Continental Exec Says

 Rail transport of oil is in for a long-term ride in moving burgeoning U.S. crude supplies and other liquids, according to Rick Bott, president of Oklahoma-based Continental Resources Corp., the largest producer in the Bakken Shale, where railroad shipments in recent months have accounted for more than 70% of the oil moved to market (see Shale Daily,July 11). Read More

New Marathon CEO: 'Running Room' in Bakken, Eagle Ford

 At a torch-passing of sorts Wednesday, both outgoing and incoming CEOs for Marathon Oil Corp. had plenty to say about the Bakken and Eagle Ford shale plays, but new CEO Lee Tillman spoke more loudly about future opportunities during a second quarter earnings conference call in which results were said to be up sharply. Read More

North Dakota Cracks Down on Improper Wellsite Waste Dumping

 Levying the largest civil penalty ever -- $1.5 million -- for an oil and natural gas violation, the North Dakota Industrial Commission (NDIC) last Wednesday found a small operator, Halek Operating ND LLC, guilty of violating state standards for disposing of salt water, a byproduct of oil production, in an injection well. Read More

Eagle Ford, Bakken, Permian Production Soars 47% for ConocoPhillips

published by NGI's Shale Daily: August 5, 2013
 ConocoPhillips saw its combined production in the Permian Basin, Eagle Ford and Bakken shales nearly double during 2Q2013, and it expects to see future growth from its holdings as it transitions to multi-well pad drilling and experiments with tighter well spacing and hydraulic fracturing (fracking) stages. Read More